1077 W Polk Street Chicago, IL $ 525,000
1077 W Polk Street
$ 525,000
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1077 W Polk Street

Chicago, IL, 60607
$ 525,000
Bedrooms2 Baths2.0

Monthly Estimate*

$ 3,275

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Multi-Family Home for sale in Chicago, IL

for $525,000 with 2 bedrooms and 2 full baths. This home was built in 1882.

True fixer-upper opportunity in the heart of University Village/Little Italy. This property offers significant upside for investors or owner-users looking to renovate and reposition. Located just west of the Loop with strong rental demand driven by proximity to UIC, the Illinois Medical District, downtown Chicago, and multiple CTA lines. Surrounded by ongoing development, established multifamily housing, and a deep tenant base. Ideal value-add or redevelopment play for those seeking to capitalize on a prime infill location. This property is a full gut renovation.

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Multi-Family Active

Price

$ 525,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 9,357

Style

Year Built

1882

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12532510

Features
General
Sewer Public Sewer
Heating None
Possession Closing
Construction Materials Brick
Year Built 1882
Township West Chicago
Tax Year 2023
Ownership Fee Simple
Gross Income 0
County Cook
Net Operating Income 0
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 6
Status New
Directions From I-90/94 take the Roosevelt Rd exit and head west to Racine Ave. Turn north on Racine Ave to Polk St then turn east on Polk St to the property. From I-290 exit at Racine Ave and head south to
City Chicago
High School District 299
MLS Area CHI - Near West Side
Tax Annual Amount 9357
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement Unfinished Partial
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Lake Michigan
Total Parking 3
Lot Dimensions 24x100
Waterfront Y/N N
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* Excluded Features
List By
Brookline Real Estate Llc

Broker

WL@Brooklinellc.com

Email

Affordability Calculator

$4,055
Per Month
81%
19%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$780
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/14/2025$525,000 Listed Price

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1077 W Polk Street, Chicago, IL, 60607 is a Multi-Family Home for sale at $525,000. 1077 W Polk Street has 2 bedrooms, 2.0 baths, and was built in 1882. The property's zip code is 60607 which is in Chicago, IL